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Team Internet Group ( (GB:TIG) ) just unveiled an announcement.
Team Internet Group PLC recently executed a share buyback, purchasing 97,578 ordinary shares at a volume-weighted average price of 91.9019 pence as part of its ongoing buyback programme. This transaction aims to enhance shareholder value and maintain capital efficiency, with the total voting rights in the company now standing at 252,506,219. The move is part of a strategic initiative to strengthen the company’s market position and maximize shareholder returns.
More about Team Internet Group
Team Internet Group PLC is a leading global internet solutions company that operates in the digital advertising and domain name management markets. Their Online Marketing segment focuses on creating privacy-safe and AI-generated consumer journeys, while the Online Presence segment serves as a primary distribution channel for a variety of digital products, generating recurring subscription revenues and revenue share from utility-style contracts.
YTD Price Performance: -24.86%
Average Trading Volume: 665,210
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £226.7M
See more insights into TIG stock on TipRanks’ Stock Analysis page.
